Breaking: Jakarta Composite Index Opens Down More Than 1%

Jakarta, CNBC Indonesia – The Jakarta Composite Index (IHSG) fell sharply at the start of trading today. It opened at 4,955.83, down 74.43 points or 1.48%.

Trading volume stood at 19.28 million lots, with transactions worth Rp387.79 billion in the opening session. Investors will need to monitor the index in subsequent sessions to see whether selling pressure eases or continues through to the close.

Indonesia’s financial markets are expected to extend their gains in trading today, Friday (6 November 2026), after the IHSG and rupiah both strengthened yesterday. Investors will focus on US political developments following the midterm elections and movements in global oil prices.

At home, market participants will watch Indonesia’s third-quarter 2026 economic growth, which exceeded expectations, the outcome of the OJK meeting, and the government’s policy direction on investment incentives and tax holidays.

Externally, Wall Street’s plunge and the decline in technology shares are major concerns.

A surge in eurozone producer inflation and the release of the FAO’s global food price index are also important factors for global financial markets.